Excerpt
Introduction : the U.S. small business administration (sba) is an independent agency of the federal government. It is charged with providing four primary areas of assistance to american small business: advocacy, management, procurement, and financial assistance. Financing comes through SBA's investment or business loan programs. This module is designed to familiarize you with the business loan programs of the SBA. SBA's ability to provide business loans is initially dependent upon the availability of annual appropriations from the U.S. congress. These appropriations establish the amount of loans SBA can provide. When the appropriations exist, the SBA provides its business loans to eligible and creditworthy small business by making or guarantying loans structured in conformance with congressional guidelines and agency rules and regulations.